News and articles
AI creates jobs, yet talent crisis remains, according to EY poll
Date: 2018-05-24 10:32:20
Business leaders are optimistic about the impact of artificial intelligence (AI) on job creation, according to a poll by EY conducted at the EmTech Digital Conference, produced by MIT Technology...
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KSH: earnings grew by 12.4 percent in the first quarter
Date: 2018-05-23 11:55:54
With the 11.3 percent increase in March, earnings grew by 12.4 percent in the first quarter of this year compared to the same period of last year – the Central...
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CO-OP Hungary Zrt. raises capital
Date: 2018-05-23 11:27:58
The CO-OP Hungary Zrt. focuses on its IT developments, therefore decided to raise capital at the company’s general meeting on Wednesday. At the event it was said that the COOP...
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The Sága Foods Zrt. gave new image to all of its products
Date: 2018-05-23 11:26:38
In order to increase brand image and to the better access for consumers, the Sárvár-based Sága Foods Zrt. appeared on the market with new packaging. In addition, the company has...
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Auchan is celebrating its 20th anniversary in Hungary this year
Date: 2018-05-23 11:22:03
A fundamental change occured in consumer habits since the first Auchan opened it doors to the Hungarian consumers: Quality-oriented consumers, consumer friendly services – soon in Sopron and Zalaegerszeg. Twenty...
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The price of pálinkas may increase by 10 to 20 percent because of the NETA
Date: 2018-05-23 11:12:19
If the public health product tax (NETA) should also be extended to these products it would increase the consumer prices of pálinka and herbal sparkling liquors by ten to twenty...
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Nespresso Professional coffee pads can come alive again
Date: 2018-05-23 11:11:29
Nespresso’s domestic recycling program came to another milestone. From May this year, the Nespresso Professional coffee pads can be returned. Recycling is provided by Nespresso Professional’s exclusive distributor, the Lyreco...
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A new fruit processing plant was handed over in Berkenye
Date: 2018-05-23 11:07:16
A new fruit processing plant was handed over by the Village Cooperative of Berkenye in Nógrád County. MTI Photo: Komka Péter The co-operative has processed 2800 tons of goods last...
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Tesco fights food waste by taking out the best before date label
Date: 2018-05-23 11:06:28
Tesco has made an unusual decision: in the UK stores, they will take out a best before date label from about 70 pre-packaged products, mainly from fruit and vegetable commodities...
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Production of oilseeds is good for Ukraine
Date: 2018-05-23 11:05:23
The area of sunflower growing in Ukraine is growing steadily, approaching the technologically possible ceiling. However, there is still a potential for growth in yields. The ripening of the rape...
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Nébih closed an illegal pizzeria in Gödöllő
Date: 2018-05-23 10:55:09
The National Food Chain Security Office (Nébih) closed an illegal pizzeria in Gödöllő, the business was operated without tax number and without permission, without the respect of technical hygiene and...
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Starbucks is expanding in China
Date: 2018-05-23 10:42:32
Starbucks plans to raise its sales revenues to more than threefold in China by 2022 – investor.hu wrote. The world-wide popular coffee chain will also open a number of new...
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China can be self-sufficient from pork soon
Date: 2018-05-23 10:25:58
It is not too good news for the German and the Hungarian pig-market players that the number of pigs that are released in China increases by 4-7 million every year...
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Weak fruit production is expected due to spring frosts
Date: 2018-05-23 10:25:56
The spring frosts mostly damaged the apricot, and it is estimated that due to the significant sprout damages, only relatively weak yields of between 10 and 20,000 tonnes can be...
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Magazine: They dare to innovate
Date: 2018-05-23 07:52:48
According to the Association of Hungarian Brewers (MSSZ), members sold 2 percent more beer in 2017 than in 2016. Sales of cheap beers kept decreasing and mainstream beer sales grew by...
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Varga Mihály: competitiveness and productivity improvement is the most important task of the coming years
Date: 2018-05-22 11:58:09
Improving competitiveness and productivity in the coming years is the most important task in Hungary – Varga Mihály appointed Finance Minister told, adding that the competitiveness of the Hungarian small...
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ÁSZ: economy in Hungary is becoming whiter
Date: 2018-05-22 11:44:41
The sustainable process of whitening the economy is taking place in Hungary – Domokos László, Chairman of the State Audit Office (ÁSZ) told M1 news channel on Tuesday morning. According...
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The Heineken Zrt. supports the revitalization of hop production with 30 million HUF
Date: 2018-05-22 11:40:40
The Hungarian Ecumenical Aid Organization and the Heineken Hungária Zrt. signed a strategic co-operation agreement to revitalize Hungarian hop production. The company supports the program with 30 million HUF –...
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The cherry season has begun
Date: 2018-05-22 11:22:56
Because of the warm spring weather, the harvest of the early cherry types has begun. This year the volume of fruit can reach 20,000 tonnes – the National Chamber of...
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Nearly 100 participants will come to the General Assembly of European Food Banks
Date: 2018-05-22 11:16:36
Almost 100 participants from thirty countries, including food business leaders, lawmakers, experts and multinational companies, are coming to Budapest for the Annual Meeting of the European Food Banks Federation (FEBA),...
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Hungarian cyclists “reached the Moon”
Date: 2018-05-22 11:14:58
A total of three thousand bicyclists took part in Hungary’s largest cycling tour the McDonald’s BringaMania Tour de Balaton. The distance they traveled together is nearly 393,000 kilometers. It would...
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Most of the Hungarians want a better job
Date: 2018-05-22 11:12:57
The overwhelming majority of active job seekers still have jobs, but they are constantly monitoring the offers and if they find an attractive opportunity the go for it – tozsdeforum.hu...
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The Food Chain Management fee can be declared without sanctions until the end of May
Date: 2018-05-22 11:12:35
The food chain operators can declare the Food Chain Management fee until 31 May – the National Food Chain Safety Office (Nébih) draws attention on its website. The announcement reminds...
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Wine celebration to be held for the first time in Debrecen
Date: 2018-05-22 11:09:54
A wine celebration festival will be held for the first time in Debrecen between 31 May and 2 June. The program series will be expanded to a regional, then a...
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The revenue and profits of the Lego Manufacturing Kft. has increased
Date: 2018-05-22 11:07:38
The net sales of Danish-owned Lego Manufacturing Kft. increased last year by about 10 percent and 3.1 billion forints, and after-tax profits increased by 40 percent, with 354 million forints,...
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The energy sector, construction and hospitality among the most turbulent sectors
Date: 2018-05-22 11:06:11
“In some sectors, hardly 80 percent of firms operate for a year, indicating that the domestic companies are still far from equilibrium” – Pertics Richárd, Opten’s Corporate Information Director said....
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The Germans can expect a great malting barley season
Date: 2018-05-22 11:03:32
The prospects for malting barley in Germany are so positive – agrarszektor.hu wrote. The 28 percent area increase will be coupled with improved yields this year, so a total of...
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Magazine: Large companies also contribute to the digitalisation of the SME sector
Date: 2018-05-22 07:10:36
How can large companies support SMEs in going digital? István Király, Vodafone Hungary’s enterprise business unit director told our magazine that they offer tailor-made solutions to business partners, made available...
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Improving industrial and construction expectations, deteriorating consumer, commercial and service expectations
Date: 2018-05-21 10:06:10
The GKI economic sentiment index deteriorated marginally in May. According to the empirical survey conducted by GKI with the support of the EU, this was the result of the deterioration...
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Hungarian purchasing power and demographic variables
Date: 2018-05-20 08:50:18
In 2017 European purchasing power growth was the 5th biggest in Hungary: up more than 10 percent, it was EUR 655/year/person – revealed data from GfK. The per capita income that...
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